Webinar: Introduction to Decision Analysis Using PrecisionTree

Register to join the live webinar or receive the recording after the event.

Decision trees are structured decision models containing sequences of decisions and events. They allow us to graphically map the plan throughout the lifetime of a project, along with uncertain events in the future, managerial flexibilities of the project, and alternative strategies available.

In most projects, there are several ways to gather more information before making an irreversible decision. Information gathering can be a complex process such as market research (in retail and manufacturing) or seismic tests (in oil and gas), or a very simple thing such as waiting for a competitor to launch a product first and measure the market acceptance.

This webinar will demonstrate how to use decision tree models measure the value of information (VOI), both perfect and imperfect, and the consequences it brings to the decision process. All within Excel and in an intuitive way, but with all the necessary mathematical rigor.

Webinar Details

Date: 2023-08-08
Time: 12 PM EDT

About the Presenters

Jose Raul Castro is a Senior Consultant and Trainer for Lumivero.




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Thalia M. Mulvihill, Ph.D., works as a Professor of Higher Education and Social Foundations in the Department of Educational Leadership at Ball State University. Dr. Mulvihill is a historian and sociologist of higher education. She teaches several qualitative research methods and academic writing courses for doctoral students and has authored eight books as well as over 90 refereed publications, co-edits The Teacher Educator journal, and is the recipient of numerous teaching, research, and mentoring awards.
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Morbi at fringilla arcu. Nulla et cursus massa, vel viverra eros. Donec est tortor, iaculis lobortis fringilla eu, tempor sit amet nulla. Vestibulum vestibulum fermentum arcu, non vestibulum libero sagittis eget. Suspendisse porta lacus lorem, vel tincidunt justo fringilla eget.

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Morbi at fringilla arcu. Nulla et cursus massa, vel viverra eros. Donec est tortor, iaculis lobortis fringilla eu, tempor sit amet nulla. Vestibulum vestibulum fermentum arcu, non vestibulum libero sagittis eget. Suspendisse porta lacus lorem, vel tincidunt justo fringilla eget.

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Morbi at fringilla arcu. Nulla et cursus massa, vel viverra eros. Donec est tortor, iaculis lobortis fringilla eu, tempor sit amet nulla. Vestibulum vestibulum fermentum arcu, non vestibulum libero sagittis eget. Suspendisse porta lacus lorem, vel tincidunt justo fringilla eget.

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Morbi at fringilla arcu. Nulla et cursus massa, vel viverra eros. Donec est tortor, iaculis lobortis fringilla eu, tempor sit amet nulla. Vestibulum vestibulum fermentum arcu, non vestibulum libero sagittis eget. Suspendisse porta lacus lorem, vel tincidunt justo fringilla eget.

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